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Stock Market & Financial Investment News

News Breaks
December 5, 2012
05:42 EDTALVAutoliv opens new seatbelt plant in Indonesia
Autoliv has opened a new seatbelt plant in Cibitung near Jakarta, Indonesia. The new plant will enable the company to grow its sales in Indonesia from $12M last year to $25M by 2015 in already booked business and to $50M when the plant will be fully utilized. The plant will replace the company's existing Indonesian plant and serve Toyota, Daihatsu and Nissan, Autoliv's main customers in Indonesia. The new plant has a floor space of nearly 2,500 square meters on a land plot of 11,000 sqm and, at the start, 170 employees. All of the employees will be transferred from Autolivs existing Indonesian plant. The capital expenditures for the new plant amount to $3M.
News For ALV From The Last 14 Days
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November 18, 2014
05:37 EDTALVAutoliv CEO Carlson increases stake by 22,000 shares
Jan Carlson, chairman, president and CEO of Autoliv exercised stock options for the purchase of 112,175 shares of Autoliv common stock. Carlson sold 90,175 of these shares and held the remaining 22,000 shares. The proceeds from these transactions will primarily be used by Carlson to cover Swedish taxes, to pay the option exercise prices and for other transaction expenses. By retaining 22,000 shares from the transactions that occurred on November 13 and 14, Carlson increased his aggregate holdings to 77,861 shares of Autoliv common stock.

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